Slide Insurance (SLDE) Director Reports 1,567 RSUs; Ownership Breakdown
Rhea-AI Filing Summary
Robert Gries Jr., a director of Slide Insurance Holdings, Inc. (SLDE), reported an August 31, 2025 acquisition of 1,567 restricted stock units (RSUs) under Form 4. The filing shows the RSUs represent contingent rights to one share each and vest in 12 equal monthly installments from January 1, 2025 through December 31, 2025, subject to continued service. After the reported transaction the filing lists 837,538 shares directly beneficially owned and 2,031,265 shares indirectly held by GRM Family Limited Partnership, an entity the reporting person controls. The form was signed by an attorney-in-fact on September 2, 2025.
Positive
- Grant fully disclosed: The RSU award, vesting schedule, and indirect ownership via GRM Family Limited Partnership are clearly reported.
- Vesting schedule specified: RSUs vest in 12 equal monthly installments from January through December 2025, providing transparency on timing of future share issuance.
Negative
- No material negative items disclosed: The filing shows a routine compensatory award and ownership disclosure without adverse events.
Insights
TL;DR: Director received standard RSU grant that vests monthly; reported holdings show significant indirect stake via family partnership.
The reported 1,567 RSU grant is recorded as a Section 16 transaction with a zero dollar per-share price because RSUs convert to common stock on vesting. Vesting is scheduled monthly over 2025, so distribution to actual shares is staggered and conditioned on continued service. The filing distinguishes direct beneficial ownership of 837,538 shares from indirect ownership of 2,031,265 shares held by GRM Family Limited Partnership, which the filer controls. For investors, this clarifies insider exposure and concentrated family-affiliated holdings but does not, by itself, disclose changes to control or large immediate share sales.
TL;DR: This is a routine insider compensation disclosure showing service-conditioned RSUs and a family partnership holding.
The form documents a compensatory equity award treated as restricted stock units that vest in equal monthly installments over one year. The disclosure properly notes the reporting person’s control over GRM Family Limited Partnership while disclaiming direct beneficial ownership except for pecuniary interest. Signature by an attorney-in-fact is noted, and the filing contains clear vesting language and ownership breakdowns required under Section 16.